Brookfield Asset Management Series A cumulative convertible preferred units (“preferred units”) (45,412 units outstanding at December 31, 2025 and 50,687 units outstanding at December 31, 2024 decreased by 10.5% to $1.40B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 33.5%, from $2.10B to $1.40B. Over 2 years (FY 2023 to FY 2025), Series A cumulative convertible preferred units (“preferred units”) (45,412 units outstanding at December 31, 2025 and 50,687 units outstanding at December 31, 2024 shows a downward trend with a -19.7% CAGR.
A decrease indicates the conversion of preferred units into common equity or redemption, which simplifies the capital structure.
This represents the value of preferred equity units that carry conversion features or specific distribution rights. It r...
Similar to 'Convertible Preferred Stock' or 'Preferred Units' found in other MLP capital structures.
equity_redeemable_noncontrolling_interest_equity_preferr_260f26| Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $2.17B | $2.26B | $2.23B | $2.16B | $2.10B | $1.93B | $1.86B | $1.56B | $1.40B |
| QoQ Change | — | +4.2% | -1.5% | -3.1% | -2.4% | -8.2% | -3.7% | -16.0% | -10.5% |
| YoY Change | — | — | — | — | -2.9% | -14.5% | -16.4% | -27.5% | -33.5% |